ADX 1.01% 9.8¢ adx energy ltd

Romanian well technical report, page-6

  1. 1,841 Posts.
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    You'll recall your disingenuous comment from the last qtrly and I called you out, then you disappeared, which was pretty weak and dishonest.

    They were cash flow positive March qtr and hedging was reset in light of more favourable oil pricing June qtr. Further oil reserves come into production Sept qtr (Oil still $100+). Cash flow should hopefully be pretty healthy for a while yet.

    Last edited by CourtShort: 26/07/22
 
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